NASDAQ:IREN Iris Energy (IREN) Stock Price, News & Analysis → Better than Bitcoin? The Biotech Stock with 46,751% Potential (From Behind the Markets) (Ad) Free IREN Stock Alerts $5.17 -0.08 (-1.52%) (As of 04/25/2024 ET) Add Compare Share Share Today's Range$4.85▼$5.2250-Day Range$4.33▼$7.7452-Week Range$2.79▼$9.69Volume5.47 million shsAverage Volume9.23 million shsMarket Capitalization$344.84 millionP/E RatioN/ADividend YieldN/APrice Target$12.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Iris Energy alerts: Email Address Iris Energy MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside133.5% Upside$12.00 Price TargetShort InterestHealthy3.56% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.00Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth1,000.00%From $0.08 to $0.88 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.90 out of 5 starsOils/Energy Sector114th out of 234 stocksNondepository Credit Institutions Industry13th out of 44 stocks 3.5 Analyst's Opinion Consensus RatingIris Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageIris Energy has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.56% of the float of Iris Energy has been sold short.Short Interest Ratio / Days to CoverIris Energy has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Iris Energy has recently increased by 105.83%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldIris Energy does not currently pay a dividend.Dividend GrowthIris Energy does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for IREN. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 2 news articles for Iris Energy this week, compared to 3 articles on an average week.Search InterestOnly 43 people have searched for IREN on MarketBeat in the last 30 days. This is a decrease of -19% compared to the previous 30 days.MarketBeat Follows13 people have added Iris Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 63% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Iris Energy insiders have not sold or bought any company stock.Percentage Held by Insiders21.55% of the stock of Iris Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions41.08% of the stock of Iris Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Iris Energy are expected to grow by 1,000.00% in the coming year, from $0.08 to $0.88 per share.Price to Book Value per Share RatioIris Energy has a P/B Ratio of 1.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchMysterious Gold Leverage Just AnnouncedWorld's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.Find out what it is and see how you can get in with just a few dollars. About Iris Energy Stock (NASDAQ:IREN)Iris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.Read More IREN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IREN Stock News HeadlinesApril 22, 2024 | seekingalpha.comThe Impact Of AI On Iris Energy's Bitcoin Mining SuccessApril 17, 2024 | americanbankingnews.comTraders Buy Large Volume of Call Options on Iris Energy (NASDAQ:IREN)April 25, 2024 | Stansberry Research (Ad)Mysterious Gold Leverage Just AnnouncedWorld's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.April 8, 2024 | globenewswire.comPoolside upsizes and extends AI Cloud Services contractApril 4, 2024 | investorplace.comPenny Stocks Explosion: 3 Must-Have Picks for the Upcoming Bull RunApril 4, 2024 | globenewswire.comIREN Announces Monthly Investor Update for March 2024April 3, 2024 | investorplace.comThe 3 Most Undervalued Blockchain Stocks to Buy in April 2024April 3, 2024 | finance.yahoo.comImplied Volatility Surging for Iris Energy (IREN) Stock OptionsApril 25, 2024 | Stansberry Research (Ad)Mysterious Gold Leverage Just AnnouncedWorld's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.April 2, 2024 | markets.businessinsider.comIris Energy’s Strong Expansion and Diversification Strategy Supports Buy RatingApril 1, 2024 | marketwatch.comIris Energy Shares Rise 11% on Fully Funded 2024 Expansion Following Equity RaiseApril 1, 2024 | investorplace.com3 Stocks to Ditch Following the April Bitcoin HalvingApril 1, 2024 | globenewswire.com20 EH/s expansion fully fundedMarch 28, 2024 | markets.businessinsider.comWhat Analysts Are Saying About Iris Energy StockMarch 26, 2024 | msn.comHut 8, Iris Energy among financial moversMarch 25, 2024 | benzinga.comUnpacking the Latest Options Trading Trends in Iris EnergyMarch 22, 2024 | finance.yahoo.comIs Iris Energy Limited (NASDAQ:IREN) Trading At A 50% Discount?March 17, 2024 | finance.yahoo.comIREN Mar 2024 6.500 callMarch 15, 2024 | investorplace.com7 Penny Stocks That Can Make You a Millionaire in One YearMarch 13, 2024 | finance.yahoo.comThe Zacks Analyst Blog Highlights NVIDIA, Coinbase Global, Block, CleanSpark and Iris EnergyMarch 11, 2024 | finance.yahoo.comIREN Mar 2024 12.500 callMarch 11, 2024 | finance.yahoo.comIREN Mar 2024 6.500 putMarch 10, 2024 | finance.yahoo.comIREN Mar 2024 8.500 callMarch 9, 2024 | ca.finance.yahoo.comIREN Mar 2024 3.500 putMarch 6, 2024 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Synchrony Financial (SYF) and Iris Energy (IREN)March 6, 2024 | globenewswire.comIREN Announces Monthly Investor Update for February 2024March 4, 2024 | finance.yahoo.comIREN Mar 2024 7.500 putSee More Headlines Receive IREN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Iris Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/15/2024Today4/25/2024Next Earnings (Estimated)5/16/2024Fiscal Year End6/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Nondepository credit institutions Sub-IndustryN/A Current SymbolNASDAQ:IREN CUSIPN/A CIK1878848 Webirisenergy.co Phone61-2-7906-8301FaxN/AEmployees100Year FoundedN/APrice Target and Rating Average Stock Price Target$12.00 High Stock Price Target$24.00 Low Stock Price Target$9.00 Potential Upside/Downside+140.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current Ratio3.38 Quick Ratio3.38 Sales & Book Value Annual Sales$75.51 million Price / Sales4.42 Cash FlowN/A Price / Cash FlowN/A Book Value$4.58 per share Price / Book1.09Miscellaneous Outstanding Shares66,700,000Free Float52,328,000Market Cap$333.50 million OptionableOptionable Beta3.01 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. William Roberts (Age 34)Co-Founder, Co-CEO & Director Comp: $2.97MMr. Daniel Roberts (Age 40)Co-Founder, Co-CEO & Director Comp: $2.97MMs. Belinda Nucifora (Age 51)Chief Financial Officer Comp: $533.79kMr. David Shaw (Age 57)Chief Operating Officer Comp: $591.7kMs. Cesilia Kim (Age 49)Chief Legal & Risk Officer Comp: $475.35kMr. Denis Skrinnikoff (Age 40)Chief Technology Officer? Lincoln TanSenior Manager of Investor RelationsHeather MillerVice President of People, Culture & CommunityKent DraperChief Commercial OfficerMs. Yvonne MartinsGroup Financial ControllerMore ExecutivesKey CompetitorsSolaris Oilfield InfrastructureNYSE:SOIW&T OffshoreNYSE:WTIOil States InternationalNYSE:OISAltC AcquisitionNYSE:ALCCGreenfire ResourcesNYSE:GFRView All CompetitorsInstitutional OwnershipSimplex Trading LLCBought 452,800 shares on 4/25/2024Ownership: 0.000%Sumitomo Mitsui Trust Holdings Inc.Bought 92,912 shares on 4/19/2024Ownership: 0.139%CCG Wealth Management LLCBought 13,262 shares on 4/18/2024Ownership: 0.020%Quadrature Capital LtdBought 203,976 shares on 3/25/2024Ownership: 0.348%Quarry LPBought 40,000 shares on 2/20/2024Ownership: 0.000%View All Institutional Transactions IREN Stock Analysis - Frequently Asked Questions Should I buy or sell Iris Energy stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Iris Energy in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" IREN shares. View IREN analyst ratings or view top-rated stocks. What is Iris Energy's stock price target for 2024? 5 Wall Street research analysts have issued twelve-month price targets for Iris Energy's shares. Their IREN share price targets range from $9.00 to $24.00. On average, they anticipate the company's stock price to reach $12.00 in the next year. This suggests a possible upside of 133.5% from the stock's current price. View analysts price targets for IREN or view top-rated stocks among Wall Street analysts. How have IREN shares performed in 2024? Iris Energy's stock was trading at $7.15 on January 1st, 2024. Since then, IREN stock has decreased by 28.1% and is now trading at $5.14. View the best growth stocks for 2024 here. Are investors shorting Iris Energy? Iris Energy saw a increase in short interest in April. As of April 15th, there was short interest totaling 4,240,000 shares, an increase of 105.8% from the March 31st total of 2,060,000 shares. Based on an average daily volume of 10,110,000 shares, the short-interest ratio is presently 0.4 days. Currently, 3.6% of the shares of the stock are sold short. View Iris Energy's Short Interest. When is Iris Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024. View our IREN earnings forecast. How were Iris Energy's earnings last quarter? Iris Energy Limited (NASDAQ:IREN) released its earnings results on Thursday, February, 15th. The company reported ($0.07) earnings per share for the quarter. The firm earned $42.57 million during the quarter, compared to analysts' expectations of $37.58 million. What ETFs hold Iris Energy's stock? ETFs with the largest weight of Iris Energy (NASDAQ:IREN) stock in their portfolio include Valkyrie Bitcoin Miners ETF (WGMI), Grayscale Future of Finance ETF (GFOF), VanEck Digital Transformation ETF (DAPP), VanEck Digital Assets Mining ETF (DAM), Global X Blockchain ETF (BKCH), iShares Blockchain and Tech ETF (IBLC), Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC) and Fidelity Crypto Industry and Digital Payments ETF (FDIG). When did Iris Energy IPO? Iris Energy (IREN) raised $215 million in an initial public offering on Wednesday, November 17th 2021. The company issued 8,269,231 shares at $25.00-$27.00 per share. Who are Iris Energy's major shareholders? Iris Energy's stock is owned by many different institutional and retail investors. Top institutional shareholders include Simplex Trading LLC (0.00%), Sumitomo Mitsui Trust Holdings Inc. (0.14%) and CCG Wealth Management LLC (0.02%). How do I buy shares of Iris Energy? Shares of IREN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:IREN) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThese AI trades triggered this morning (545% return)Prosper Trading AcademyThe A.I. story nobody is telling you (Read ASAP)TradeSmithHe Is Giving Away BitcoinCrypto Swap ProfitsJim Cramer’s “The Biggest Drug Ever”Behind the MarketsYour Money is Not SafeAmerican AlternativeThe AI stock to buy right nowStockEarningsThe only accurate crypto trading system I know …Weiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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